LAMEA Wine Chocolate Market Size, Share & Industry Trends Analysis Report By Wine Type (Red Wine, White Wine, and Others), By Distribution Channel, By Form (Liquid and Solid), By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Wine Chocolate Market would witness market growth of 8.7% CAGR during the forecast period (2021-2027).
The red wine chocolates are good as well as a delicious source of various nutrients. These chocolates are rich in polyphenols, magnesium, Vitamin B and potassium. These chemicals provide strength to the human body to fight against the infections. Moreover, the polyphenols in wine chocolates aid the human body to boost immune system. The red wine chocolates also consist of resveratrol which may prevent the body from various diseases such as cancer and keep the heart healthy.
Because of the presence of a high quantity of antioxidants, the wine chocolates help in fighting cancer. The polyphenols and the vitamins found in wine chocolates do not let the tumor cells grow in the human body. Thus, the wine chocolates not only reduce the risk of cancer but also kill them. In addition, wine chocolates are also considered to be a mood booster. The wine chocolates contain carbohydrates that provide energy to the body.
The middle east is the hub of tourism in the LAMEA region. Various luxury hotels, beaches, and restaurants in the region attract visitors along being a tourism hub is resulting in the growth of the food and beverage industry where the luxury products like wine chocolates are gaining immense popularity. Thus, the rising travel and tourism in the LAMEA region, especially the middle east supports the wine chocolate market in the LAMEA region.
The Brazil market dominated the LAMEA Wine Chocolate Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $18.2 Million by 2027. The Argentina market would showcase a CAGR of 9.3% during (2021 - 2027). Additionally, The UAE market is poised to grow a CAGR of 8% during (2021 - 2027).
Based on Wine Type, the market is segmented into Red Wine, White Wine, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarkets/Hypermarkets, Convenience Stores, and Online Stores. Based on Form, the market is segmented into Liquid and Solid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Wine Chocolate Market is Predict to reach $1.1 Billion by 2027, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Raaka Chocolate Ltd., Ferrero International S.A., Lindt & Sprungli AG, Yildiz Holding A.S., NEUHAUS, Alfred Ritter GmbH & Co. KG, Duc d'O (Baronie), Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.), and Toms Group A/S.
Scope of the Study
Market Segments Covered in the Report:
By Wine Type
- Red Wine
- White Wine
By Distribution Channel
- Specialty Stores
- Convenience Stores
- Online Stores
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Raaka Chocolate Ltd.
- Ferrero International S.A.
- Lindt & Sprungli AG
- Yildiz Holding A.S.
- Alfred Ritter GmbH & Co. KG
- Duc d'O (Baronie)
- Halloren Chocolate Factory AG (Charlie Investors S.a.r.l.)
- Toms Group A/S
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